Sears to Webcast Fourth Quarter Earnings Conference Call

Sears, Roebuck and Co. (NYSE: S) has scheduled its fourth quarter 2004 earnings conference call for 10:30 a.m. ET/9:30 a.m. CT on Thursday, January 27.

The conference call will be webcast live over the Internet at http://www.sears.com/investors . From the Investor Relations page, select "Presentations & Audio Archives." The webcast will be archived and available on the company's website at http://www.sears.com/investors , also under "Presentations & Audio Archives."

Due to ongoing regulatory reviews and merger integration planning in connection with the proposed merger of Sears, Roebuck and Co. and Kmart Holding Corporation, which is still subject to the receipt of shareholder and regulatory approvals and the satisfaction or waiver of other customary closing conditions, the company will not be providing commentary about its earnings expectations for 2005 or a question-and-answer session at the conclusion of this conference call.

Software necessary to listen to the webcast (Windows Media or Real Player) can be downloaded from the webcast site. Downloading the software may take up to 22 minutes with a 56K modem.

Sears, Roebuck's fourth quarter earnings release also will be available on sears.com on January 27. From the Investor Relations page, select "Financial News Releases."

Sears, Roebuck and Co. is a leading broadline retailer providing merchandise and related services. With revenues in 2003 of $41.1 billion, the company offers its wide range of home merchandise, apparel and automotive products and services through more than 2,300 Sears-branded and affiliated stores in the U.S. and Canada, which includes approximately 870 full-line and 1,100 specialty stores in the U.S. Sears also offers a variety of merchandise and services through sears.com, landsend.com, and specialty catalogs. Sears is the only retailer where consumers can find each of the Kenmore, Craftsman, DieHard and Lands' End brands together -- among the most trusted and preferred brands in the U.S. The company is the largest provider of product repair services with more than 14 million services calls made annually.

SOURCE: Sears, Roebuck and Co.

CONTACT: Media, Edgar P. McDougal, +1-847-286-9669, or Investors,
Scott A. Bohaboy, +1-847-286-7419, both of Sears, Roebuck and Co.

Web site: http://www.sears.com/
http://www.sears.com/investors